Odds is that if more novice retails are buying those puts in next few days, it won`t drop before killing enough of those puts.....
Will prob write otm puts....
Here are the facts. Looks to me that there are a LOT of ITM Call contracts that will be leveled as opposed to OTM PUT contracts.....so your logic is flawed
150 strike is a good bet
Open OTM PUT contracts:
135 - 745
140 - 1657
145 - 1911
150 - 2021
155 - 263
160 - 228
ITM PUT Contracts are negligable
Open ITM CALL contracts
165 - 859
160 - 1248
155 - 1088
150 - 1517
145 - 1223
140 - 1524
Dude, the whole market is about to roll over
NFLX is going with it next week
Retrace to 130
NOVICES..... Thanks I`ve wrote many of those puts...........................
if you wrote all the puts why would u tell everyone to not buy them? dont u wanna make money and have them expire worthess?
only one trade retail should deploy June 2013 & Jan 2014 puts and take the scam fight to Washington DC
criminal thug Reed Hastings scam need to be nailed in USA for biggest FRaud loot in Wall(Now FRaud) Street Casino History
flip trade insdices .................
Lion Broadcasting is going after S.E.C/FINRA CRIMINALS
Sentiment: Strong Sell
Indeed, retails should buy longer term puts..... buying really short term would just feed mms....